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Newmont Announces Definitive Agreement to Divest Akyem for up to $1 Billion

Transaction in-line with strategy to focus on Tier 1 asset portfolio DENVER — Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont†or the “Companyâ€) has announced today it will sell its Akyem operation in the Republic of Gh


  • Oct 09 2024
  • 60
  • 10238 Views
DENVER -- Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont†or the “Companyâ€) has announced today it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group Co., Ltd. (“Zijinâ€) under a definitive agreement, for cash consideration of up to $1 billion. The sale is part of Newmont’s ongoing program to divest non-core assets as the Company makes a strategic shift to focus on its Tier 1 assets. Read More

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